Chinook salmon fry (0.7 g, 3.9% whole body lipid) were fed high protein diets containing high lipid (HL) (65% protein, 23% lipid) or low lipid (LL) (85% protein, 3% lipid) at high ration (near satiation = HR) or low ration (one half of high ration = LR) for 247 days to determine if growth and adiposity could be independently controlled. Each treatment was duplicated with each tank containing 400 fish. The amount of feed fed to each tank of fish was adjusted each month so that fish fed at a prescribed ration level (HR or LR) would grow at similar rates. The effects of ration and dietary lipid level on final weight, adiposity, feed efficiency (wet weight gain/dry feed fed) and protein retention efficiency were assessed using regression, two-way ANOVA and ANCOVA ( P < 0.05). Overall feed efficiency (109–127%) was lowest in the HR/HL treatment but differences among treatments were not significant. For the different treatments (HR/HL, HR/LL, LR/HL, LR/LL), the amounts of dry feed fed averaged; 17.5, 15.4, 6.7 and 6.1 g/fish, final mean fish weights were, 20.2, 19.5, 9.2 and 8.7 g and final mean whole body lipids were, 11.3, 5.4, 7.1, 3.9%. These results show that ration level had the major influence on growth, whereas dietary lipid level was the major determinant of adiposity. This appears to have occurred because when protein was supplied in excess, it was not spared by lipid. Thus it may be possible for enhancement hatcheries and commercial salmon farms to manipulate growth and adiposity by regulating ration and controlling diet composition.